Sussex vineyards are set to produce more wine as a report out this week predicts a global shortage as supply outstrips demand.

Poor weather over the past three years has led to the worst shortfall for 40 years of around 300 million cases of wine, following a huge increase in demand from the US and China, according to an industry report by Morgan Stanley Research this week.

Although one million wine producers around the world produce 2.8 billion cases a year, about half of which comes from Europe, it’s not enough.

The report’s authors say production in France and Argentina has been particularly badly hit due to weather conditions, and wine prices are set to rise.